Explanatory note
(This note is not part of the Regulations)
Paragraphs 3, 4 and 5 of Schedule 5 to the Further and Higher Education Act 1992 provide for a method of dealing with those cases where the Education Assets Board and the transferor local authority are unable to agree on matters relating to the transfer of property, rights and liabilities to further education corporations and to designated institutions under sections 23 and 32 of that Act.
These Regulations prescribe the following matters for the purposes of paragraphs 3 and 4—
a period of time in which agreement must be reached for the purposes of paragraphs 3(1)(b);
the procedure for giving directions under paragraph 3;
the procedure for making appeals under paragraph 4; and
the procedure for making determinations under paragraphs 3 and 4.